Syria’s Bashar al-Assad says funds frozen in Lebanese banks biggest impediment to investment – Times of India
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BEIRUT: Syrian President Bashar al-Assad said on Saturday the main impediment to investment in the country was money stuck in ailing Lebanese banks.
He said some estimates suggested $40 billion or $60 billion of Syrian funds were stuck in Lebanon.
In a speech after being sworn in for a fourth term, Assad also said Syria would continue working to overcome difficulties caused by Western sanctions imposed over its decade-long war.
He said some estimates suggested $40 billion or $60 billion of Syrian funds were stuck in Lebanon.
In a speech after being sworn in for a fourth term, Assad also said Syria would continue working to overcome difficulties caused by Western sanctions imposed over its decade-long war.
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